A(n) disaster Is Any Adverse Event That Could Result in Loss of an Information

question 58

True/False

A(n) disaster is any adverse event that could result in loss of an information asset or assets, but does not currently threaten the viability of the entire organization. _________________________

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Definitions:

Accrue

The process of accumulating or recognizing expenses or income over time, even before cash transactions occur.

Payable

A liability to a creditor, often of a business, that represents an obligation to pay for goods or services received.

Prepaid Insurance

An asset account that represents insurance premiums paid in advance, covering future periods.

Premiums Paid

Amounts paid for insurance coverage or policies over a specified period.